Details of Tax Law Changes Spelled Out

By

Laura Saunders

Updated Jan. 1, 2013 12:17 a.m. ET

The tax changes included in the bill hashed out between the White House and congressional Republicans Monday includes the first increases in top income-tax rates in nearly two decades. They also set new thresholds for determining who is "rich," while leaving most people's tax rates unchanged.

"It appears nearly 99% of the population would see little or no change in their income taxes for 2013," said Roberton...